Unified Housing Foundation Inc

Analysis

Unified Housing Foundation Inc is a registered charity in United States, based in Farmers BRNCH, TX. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Unified Housing Foundation Inc reported income of $36.8m and spending of $34.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $83.9m to $36.8m (-56%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Unified Housing Foundation Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Trivium Life Services ($36.7m), Phoebe Services Inc ($37.1m) and The Bottom Line Inc ($36.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $22k (0.1% of expenses). At year end it held assets of $201.5m against liabilities of $250.6m, net assets of -$49.1m.